FTSE and CNBC launch Asia-Pacific blue-chip stock index

Index provider FTSE and news group CNBC have partnered in a venture to bring a blue-chip regional benchmark index that includes Japan to the Asia-Pacific market

Singapore lanterns
Chinese lanterns: FSTE and CNBC aim to shed light on Asia-Pacific performance

FTSE and CNBC have joined forces to launch the first blue-chip index for the Asia-Pacific region, including Japan. The FTSE CNBC Asia 100 Index launched this week and is designed to be used as the basis for structured products and exchange-traded funds (ETFs), or as a performance monitoring tool.

The index tracks the 100 largest stocks in the region, calculated by market capitalisation. It was created because CNBC saw the need for means of measuring equity performance in the region.

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